818 result(s) for loss
Jobbik Wants Work-Free December 24 In Hungary
- 6 Dec 2013 8:00 AM
- community & culture
Jobbik is moving to get Parliament to declare December 24 a holiday, spokesman Ádám Mirkóczki announced on Thursday. He said an amendment to that effect could meet “a decades-long social need” as little serious work is done in the vast majority of workplaces on December 24.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
U.S. Loans Hungarian Military Armoured Vehicles
- 27 Nov 2013 8:00 AM
- current affairs
The United States is loaning the Hungarian military 12 mineresistant armoured vehicles (MRAP) for training purposes. Hungary’s defence minister took over the consignment on Tuesday from a representative of the US embassy in Hungary.
Hungary's PM Orbán Sets Out Tasks In Mortgage Question
- 25 Nov 2013 8:00 AM
- property
Prime Minister Viktor Orbán spelled out the ways in which the supreme court should clarify questions about foreign-currency mortgages, defended the flat tax, and again attacked large multinational companies in his bi-weekly radio interview, taped in Japan on Thursday and broadcast on Friday morning.
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Goodbye Volksbank, Hello Sberbank In Hungary
- 4 Nov 2013 8:00 AM
- business
Volksbank will be renamed Sberbank in Hungary as well. The reason for the change is that the Russian Sberbank acquired 100% of the former VBI (Volksbank International AG) and VB Hungary’s rebranding was scheduled for this year. “Volksbank Hungary will function as Sberbank Hungary from November 1”, reported the bank on its website. The bank also provided an explanation on the renamed and replaced ...
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Lufthansa To Move Its Budapest Headquarters
- 24 Oct 2013 9:00 AM
- travel
Deutsche Lufthansa AG’s Central and Eastern European headquarters will move from Budapest to Vienna from January 2014, said Lufthansa regional director Ofer Kisch. Although, regional leaders of the German airline tried to soften the significance of the transfer, it is a serious loss of prestige for Hungary.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...
Jobbik Wants Work-Free December 24 In Hungary
- 6 Dec 2013 8:00 AM
- community & culture
Jobbik is moving to get Parliament to declare December 24 a holiday, spokesman Ádám Mirkóczki announced on Thursday. He said an amendment to that effect could meet “a decades-long social need” as little serious work is done in the vast majority of workplaces on December 24.
National Bank Of Hungary Fined Napi Gazdaság & Napi.hu For Illegal Market Manipulation
- 27 Nov 2013 8:00 AM
- business
The National Bank of Hungary (NBH) has fined the publisher Napi Gazdaság Kiadó and news portal Napi.hu 3 million forints each for illegal manipulation of the market. The NBH launched an investigation over an article published by the business daily as well as the news portal on October 16, which said Norway’s Oil Fund could consider selling its 1.6% stake in Hungarian oil and gas company MOL ...
U.S. Loans Hungarian Military Armoured Vehicles
- 27 Nov 2013 8:00 AM
- current affairs
The United States is loaning the Hungarian military 12 mineresistant armoured vehicles (MRAP) for training purposes. Hungary’s defence minister took over the consignment on Tuesday from a representative of the US embassy in Hungary.
Hungary's PM Orbán Sets Out Tasks In Mortgage Question
- 25 Nov 2013 8:00 AM
- property
Prime Minister Viktor Orbán spelled out the ways in which the supreme court should clarify questions about foreign-currency mortgages, defended the flat tax, and again attacked large multinational companies in his bi-weekly radio interview, taped in Japan on Thursday and broadcast on Friday morning.
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Goodbye Volksbank, Hello Sberbank In Hungary
- 4 Nov 2013 8:00 AM
- business
Volksbank will be renamed Sberbank in Hungary as well. The reason for the change is that the Russian Sberbank acquired 100% of the former VBI (Volksbank International AG) and VB Hungary’s rebranding was scheduled for this year. “Volksbank Hungary will function as Sberbank Hungary from November 1”, reported the bank on its website. The bank also provided an explanation on the renamed and replaced ...
Base Rate Falls To Record Low 3.4% In Hungary
- 30 Oct 2013 8:00 AM
- business
The MNB’s monetary council lowered the base rate for the 15th consecutive month on Tuesday, from 3.6% to 3.4% in a move expected by most analysts.
Lufthansa To Move Its Budapest Headquarters
- 24 Oct 2013 9:00 AM
- travel
Deutsche Lufthansa AG’s Central and Eastern European headquarters will move from Budapest to Vienna from January 2014, said Lufthansa regional director Ofer Kisch. Although, regional leaders of the German airline tried to soften the significance of the transfer, it is a serious loss of prestige for Hungary.
Raiffeisen Bank Won’t Be Leaving Hungary
- 15 Oct 2013 9:00 AM
- business
The Austrian Raiffeisen Bank International (RBI) wants to stay in Hungary despite the government’s shocking rules against foreign banks in the country. According to the latest Emerging Markets interview with new RBI CEO Karl Sevelda, the bank has shrunk its Hungarian balance sheet by HUF300 million since June last year due to loss-making exchange rates and punishing new taxes, but has strong ...